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Iberdrola 1500 MW tender appeal rejected
1 July 2006
Objections by Spain's Iberdrola to the bidding process for Portugal's call for 1500 MW of wind power have been in vain. It lost its appeal against a decision to accept three competing specific bids, which Iberdrola argued failed to meet the tender document specifications (Windpower Monthly, May 2006). Manuel Pinho, Portugal's economy minister, rejects the claim. The tender jury is to publish the names of the two consortia passing to the final phase of negotiations by the end of June, Pinho said. Aside from Iberdrola's bid, other bids include one led Galp Energia, in which the Portuguese government has a direct stake of 34.8%, one led by Portuguese utility EDP and a third submitted by Eufer, a joint venture between Italian utility ENEL and Spain's Union Fenosa Renovables (Windpower Monthly, April 2006). Iberdrola is to issue a statement after it studies the legal arguments for the minister's decision.
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